5 unchanged sentences
A substantial majority of our revenue, expense and capital expenditure activities are transacted in U.S.
−Removed: However, we do transact business in other currencies, primarily the British pound, the Australian dollar, the Canadian dollar, the Chilean peso, the Argentine peso and the Euro.
+Added: However, we do transact business in other currencies, primarily the Australian dollar, the Canadian dollar, the British pound, the Brazilian real, the Chilean peso, the Argentine peso and the Euro.
For most of these foreign currencies, we are a net recipient, and, therefore, benefit from a weaker U.S.
4 unchanged sentences
We record the resulting translation adjustment, and gains and losses resulting from the translation of intercompany balances of a long-term investment nature within other comprehensive income, as a component of our shareholders’ equity.
−Removed: Foreign currency transaction gains and losses, which have historically been immaterial, are recorded on our Consolidated Statements of Income (Loss).
+Added: Foreign currency transaction gains and losses, which have historically been immaterial, are recorded on our Consolidated Statements of Income.
We generally do not mitigate the risks associated with fluctuating exchange rates, although we may from time to time through forward contracts or other derivative instruments hedge a portion of our translational foreign currency exposure or exchange rate risks associated with material transactions which are denominated in a foreign currency.
10 unchanged sentences
Interest Rate Risk
−Removed: Our exposure to market risk for changes in interest rates relates to our variable-rate CP, the Revolver and term loan borrowings.
+Added: Our exposure to market risk for changes in interest rates relates to our variable-rate commercial paper, Revolver and term loan borrowings.
We attempt to achieve the lowest all-in weighted-average cost of debt while simultaneously taking into account the mix of our fixed- and variable-rate debt and the average life and scheduled maturities of our debt.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.